Red River Parish, Louisiana home prices
Typical home $150,771 · +12.0% in a year · property tax 0.42%
The typical home in Red River Parish is worth $150,771, 30% less than the Louisiana typical home ($213,867). Values changed +12.0% in the past year and -1.1% over five years. Homeowners here pay a median 0.42% of their home's value in property tax each year ($637 on the typical home), versus 0.55% statewide.
Mortgage on the typical Red River Parish home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $30,154 | $120,617 | $811 | $0 | $128 | $940 | $40,300 |
| 10% down | $15,077 | $135,694 | $913 | $57 | $128 | $1,098 | $47,100 |
| 5% down | $7,539 | $143,232 | $964 | $60 | $128 | $1,152 | $49,400 |
| 3.5% down (FHA) | $5,277 | $148,040 | $996 | $67 | $128 | $1,191 | $51,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.42% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Louisiana.
Louisiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Caddo Parish | $151,157 | +4.9% | 0.62% |
| Jefferson Davis Parish | $150,216 | +3.0% | 0.29% |
| Acadia Parish | $153,529 | +5.5% | 0.31% |
| Iberia Parish | $145,862 | +2.7% | 0.36% |
| Union Parish | $157,531 | +5.5% | 0.46% |
| Vermilion Parish | $157,990 | +3.7% | 0.36% |
| LaSalle Parish | $141,436 | +0.9% | 0.45% |
| Washington Parish | $140,042 | +7.0% | 0.33% |
| Grant Parish | $166,049 | +5.6% | 0.6% |
| Vernon Parish | $166,136 | +3.7% | 0.53% |
Frequently asked questions
What is the average home price in Red River Parish, LA?
The typical home value in Red River Parish is $150,771 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Red River Parish?
About $40,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Red River Parish?
The median effective rate is 0.42% of home value a year (Census ACS 2024 5-year estimates).